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Also known as: FAMILY FOUNDATION
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Randy And Michele Mehrberg Schara Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2008. The principal officer is Randall E Mehrberg. It holds total assets of $831K. Annual income is reported at $537K. Total assets have grown from $345K in 2011 to $731K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois, Pennsylvania and Colorado. According to available records, Randy And Michele Mehrberg Schara Family Foundation has made 23 grants totaling $349K, with a median grant of $10K. Annual giving has grown from $110K in 2020 to $141K in 2022. Individual grants have ranged from $500 to $50K, with an average award of $15K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Illinois, Pennsylvania, Colorado, which account for 83% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$18K
Largest Grant
$50K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Randy And Michele Mehrberg Schara Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in IL, PA, CO.
Randy And Michele Mehrberg Schara Family Foundation has distributed a total of $349K across 23 grants. The median grant size is $10K, with an average of $15K. Individual grants have ranged from $500 to $50K.
Randy And Michele Mehrberg Schara Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Randy And Michele Mehrberg Schara Family Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dillon Mehrberg | VICE-PRESIDENT | $0 | $0 | N/A |
| Michele Schara | SECRETARY & TREASURER | $0 | $0 | N/A |
| Randall Mehrberg | PRESIDENT | $0 | $0 | N/A |
Total Giving
$160K
Total Assets
$731K
Fair Market Value
$1.3M
Net Worth
$661K
Grants Paid
$157K
Contributions
$192K
Net Investment Income
$308K
Distribution Amount
$19K
Total: $471K
Total Grants
23
Total Giving
$349K
Average Grant
$15K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Latin School Of ChicagoGENERAL FUND | Chicago, IL | $50K | 2022 |
| Lincoln Park ZooGENERAL FUND | Chicago, IL | $30K | 2022 |
| University Of Pennsylvania Cirigliano Clinical Care Endowment FundGENERAL FUND | Philadelphia, PA | $25K | 2022 |
| CureGENERAL FUND | Lemoyne, PA | $15K | 2022 |
| The History MakersGENERAL FUND | Chicagp, IL | $10K | 2022 |
| SosGENERAL FUND | Avon, CO | $5K | 2022 |
| College PossibleGENERAL FUND | Chicago, IL | $5K | 2022 |
| Challenged Athletes FoundationGENERAL FUND | San Diego, CA | $1K | 2022 |
| The Community SynagogueGENERAL FUND | Port Washington, NY | $10K | 2021 |
| History MakersGENERAL FUND | Chicago, IL | $10K | 2021 |
| Family FocusGENERAL FUND | Chicago, IL | $1K | 2021 |
| Jewish United FundGENERAL FUND | Chicago, IL | $500 | 2021 |
| International Tennis Hall Of FameGENERAL FUND | Newport, RI | $500 | 2021 |
| Boy Scouts Of AmericaGENERAL FUND | Irving, TX | $500 | 2021 |
| Jenner & BlockGENERAL FUND | Chicago, IL | $15K | 2020 |
| Sos OutreachGENERAL FUND | Avon, CO | $5K | 2020 |